702 W Colorado AVE Active

Colorado Springs,CO 80905

$ 2200000

- Bed

- Bath

4570 SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 4,570 sqft

Price per Sqft $481

MLS Listing ID 2547679

HOA Y/N No

Year Built 1936

Annual Tax Amount $6,660

Property Sub-Type Retail

Property Description

Prime commercial property conveniently located between downtown and OCC on heavily traveled Colorado Avenue, just blocks off I-25 and Hwy 24. Building was repurposed and completely renovated 2015/16 and now features a full bar and restaurant that seats 82, plus 40 or so on the covered deck, and 60 plus in the beer garden. Approximately 300K in FFE with a full kitchen, prep kitchen, Alpha seven-barrel brewhouse, and 15 bbl holding tanks. Covered deck seats 30+ and is about 450sf, and beer garden is approx 1500sf. The nearly 1/2-acre parcel includes 21 parking spaces, and adjoining lot that has "concept" approved architectural plans for two townhomes. Plenty of on-street parking also available. Brewpub and taproom liquor licenses are transferable. Building 2: Taproom of 1750sf and basement storage/walk-in of about 1000 sf is available for lease. Business operating as Cerberus Brewing and Seven's Gate Taproom is included in sale.

Location

State CO

County El Paso

Others

Special Listing Condition Addenda Required,Broker Owned,See Show/Agent Remarks

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